TE Connectivity (NYSE:TEL - Get Free Report) is anticipated to issue its quarterly earnings data before the market opens on Wednesday, April 23rd. Analysts expect the company to announce earnings of $1.96 per share and revenue of $3.97 billion for the quarter. TE Connectivity has set its Q2 2025 guidance at 1.960-1.960 EPS and its Q2 guidance at ~$1.96 EPS.Parties interested in listening to the company's conference call can do so using this link.
TE Connectivity (NYSE:TEL - Get Free Report) last released its quarterly earnings data on Wednesday, January 22nd. The electronics maker reported $1.95 earnings per share for the quarter, beating the consensus estimate of $1.89 by $0.06. The business had revenue of $3.84 billion for the quarter, compared to analyst estimates of $3.92 billion. TE Connectivity had a return on equity of 18.82% and a net margin of 12.10%. The company's revenue was up .1% compared to the same quarter last year. During the same period in the previous year, the company posted $1.84 EPS. On average, analysts expect TE Connectivity to post $8 EPS for the current fiscal year and $9 EPS for the next fiscal year.
TE Connectivity Stock Up 1.8 %
Shares of TEL traded up $2.33 during midday trading on Friday, reaching $129.23. 2,517,669 shares of the company were exchanged, compared to its average volume of 1,716,925. The stock has a 50-day moving average price of $143.31 and a 200-day moving average price of $146.48. The company has a market cap of $38.56 billion, a price-to-earnings ratio of 20.64, a P/E/G ratio of 2.11 and a beta of 1.25. TE Connectivity has a 1-year low of $116.30 and a 1-year high of $159.98. The company has a current ratio of 1.68, a quick ratio of 1.10 and a debt-to-equity ratio of 0.26.
TE Connectivity Increases Dividend
The business also recently declared a quarterly dividend, which will be paid on Tuesday, June 10th. Stockholders of record on Wednesday, May 21st will be given a dividend of $0.71 per share. The ex-dividend date is Wednesday, May 21st. This represents a $2.84 dividend on an annualized basis and a dividend yield of 2.20%. This is an increase from TE Connectivity's previous quarterly dividend of $0.65. TE Connectivity's dividend payout ratio (DPR) is presently 45.37%.
Insider Activity at TE Connectivity
In other news, insider Shadrak W. Kroeger sold 25,000 shares of the company's stock in a transaction dated Tuesday, March 4th. The stock was sold at an average price of $146.77, for a total value of $3,669,250.00. Following the completion of the sale, the insider now directly owns 25,976 shares of the company's stock, valued at $3,812,497.52. This represents a 49.04 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. 0.90% of the stock is owned by company insiders.
Institutional Investors Weigh In On TE Connectivity
A hedge fund recently bought a new stake in TE Connectivity stock. Brighton Jones LLC purchased a new position in shares of TE Connectivity Ltd. (NYSE:TEL - Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 5,736 shares of the electronics maker's stock, valued at approximately $820,000. Institutional investors and hedge funds own 91.43% of the company's stock.
Wall Street Analysts Forecast Growth
A number of brokerages have commented on TEL. The Goldman Sachs Group decreased their target price on TE Connectivity from $190.00 to $170.00 and set a "buy" rating for the company in a research note on Thursday, April 10th. Truist Financial dropped their target price on TE Connectivity from $165.00 to $163.00 and set a "hold" rating on the stock in a research report on Thursday, January 23rd. UBS Group reduced their price target on shares of TE Connectivity from $188.00 to $155.00 and set a "buy" rating for the company in a report on Thursday, April 10th. Wells Fargo & Company lifted their price objective on shares of TE Connectivity from $151.00 to $155.00 and gave the company an "equal weight" rating in a research report on Thursday, January 23rd. Finally, Citigroup decreased their target price on shares of TE Connectivity from $165.00 to $142.00 and set a "neutral" rating for the company in a research report on Monday. Seven analysts have rated the stock with a hold rating and six have given a buy rating to the company's stock. According to data from MarketBeat, the stock currently has an average rating of "Hold" and an average target price of $156.90.
Check Out Our Latest Stock Analysis on TE Connectivity
TE Connectivity Company Profile
(
Get Free Report)
TE Connectivity Ltd., together with its subsidiaries, manufactures and sells connectivity and sensor solutions in Europe, the Middle East, Africa, the AsiaPacific, and the Americas. The company operates through three segments: Transportation Solutions, Industrial Solutions, and Communications Solutions.
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